by HAGIM GmbH | Oct 8, 2026 | High Yield, Specialist Article
Authors The European high-yield market has undergone a fundamental transformation over the past 15 years: what was once a procyclical yield niche has evolved into a mature, diversified institutional asset class. This white paper outlines 10 reasons why high yield is... 
by HAGIM GmbH | May 7, 2026 | High Yield, Specialist Article
Thomas Rentsch Senior Portfolio Manager High Yield High Yield: Strategisches Kerninvestment statt prozyklischer Nische Over the past decade and a half, the European high-yield market has undergone a structural transformation that has rendered its traditional... 
by HAGIM GmbH | Feb 25, 2026 | High Yield, Specialist Article
Thomas Rentsch Senior Portfolio Manager High Yield Credit default rates in high yield are falling and is the market underestimating this development? A current analysis by Moody’s shows: Credit losses in the Ba, B and Caa rating categories are declining over... 
by HAGIM GmbH | Feb 13, 2026 | High Yield, Specialist Article
Thomas Rentsch Senior Portfolio Manager High Yield Die Vorgaben zur CO2-Einsparung aus Sustainability-Linked Bonds (SLBs) umsetzen oder doch lieber eine Strafe zahlen? Erfahren Sie, warum der Hype um SLBs in einer kühlen Kosten-Nutzen-Rechnung enden und warum es für... 
by HAGIM GmbH | Jan 12, 2026 | High Yield, Nicht kategorisiert, Specialist Article
Thomas Rentsch Senior Portfolio Manager High Yield Senior secured high-yield bonds suggest security, but without genuine subordinated debt they often bear the full burden of losses in the event of insolvency. In the European high-yield market, the proportion of... 
by HAGIM GmbH | Oct 8, 2025 | High Yield, Nicht kategorisiert, Specialist Article
The European high-yield-market has long experienced a dominant phase of “Rising Stars”. This trend will reverse in 2025: Higher refinancing costs and geopolitical risks will lead to more downgrades of “Fallen Angels”. Investors must now manage...
